FTC report – Mobile Apps for Kids: Current Privacy Disclosures Are Disappointing

FTC: Mobile Apps for Children Lack Info on Data Collected

The Federal Trade Commission today issued a report warning parents that mobile applications for children and the app developers do not provide the critical information they need, such as what data is being collected ...
Foreclosure rescue scams

FTC Halts Mortgage Relief Scam, Consumer Losses at $19M

At the request of the Federal Trade Commission, a federal judge has banned the operators of an alleged mortgage relief scam from offering such services or engaging in any telemarketing. The scheme took in nearly ...
Debt Collectors ‘Playing Dirty’ as Profits Fall: Report

FTC Halts ‘Robocalls’ Pushing Lower Credit Card Rates

The Federal Trade Commission said it has shut down a “robo-calling” operation that sold phony debit relief services, including claims of significantly lowering credit card interest rates for $995. The FTC settled ...
1 in 5 Consumers Tap into Finances on Smart Phones

Mobile Apps May Violate Fair Credit Reporting Act: FTC

The Federal Trade Commission is warning marketers that background screenings through six mobile applications may be violating the Fair Credit Reporting Act. The FCRA protects the privacy of personal information ...
Consumer Financial Protection Bureau logo (Illustration by Bloomberg)

New Consumer Agency, FTC Agree to Coordinate Efforts

The venerable Federal Trade Commission had been working to protect consumers from unfair business practices for 96 years when Wall Street reform in 2010 created the Consumer Financial Protection Bureau to expand ...
FTC Stops Bogus Credit Card Telemarketing Scheme

FTC Stops Bogus Credit Card Telemarketing Scheme

A federal judge has temporarily halted a telemarketing scheme the peddled bogus credit cards for an advance fee of up to $99 – and then took money from consumers’ bank accounts without their consent, according ...
Consumer debt

FTC: Big Debt Buyer to Pay $2.5M for Misleading Consumers

A top consumer debt buyer will pay a $2.5 million civil penalty to settle charges with the Federal Trade Commission that it misrepresented debt owed by consumers and failed to uphold their rights. The financial ...
Linda Long. (Photo: Edward Linsmier for The Wall Street Journal)

Judge: Bank of America, Debt Collector Harassed Florida Woman

Bank of America and a contracted debt collector violated state law by harassing a 68-year-old Florida woman, repeatedly attempting to collect her deceased husband’s outstanding credit card bill of $16,651.52, ...
Credit reports

New Credit Report Dives Deeper into Consumer Payment History

If you are taking out a mortgage or equity line of credit, a new credit report with more detailed data on your financial history is now available to lenders and will soon include a new score to better determine ...
Work-from-home opportuniities

FTC Wants Sellers of ‘Work-from-Home’ Offers to Reveal More

The Federal Trade Commission has added protections for consumers pursuing “work-from-home” programs with changes to its Business Opportunity Rule that become effective March 1, 2012. The changes simplify the ...
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